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Gold Plated Domestic / Foreign Auto Repair & Towing Service

SW - Virginia, Virginia (Montgomery County)

Services - Auto Repair, Parts & Svcs

$Seller Financing Available

Asking Price $299,999 Inventory $2,000** 
Gross Income $300,000 Real Estate Lease / Purchase** 
Cash Flow $100,000 Year Established 1989
FF&E $100,000* Employees 5

* included in the asking price

** not included in the asking price

Now Available - A Gold Plated Opportunity to own a long established and profitable Domestic / Foreign Auto Repair & Towing Service. This profitable auto-care and towing business dominates the local market that includes a major Virginia State University and other high-income business and nearby residential areas. This business is located close to Interstate I-81 in SW Virginia and provides emergency services to many out-of-state travelers. Currently, a multi-million dollar commercial and residential development is planned to break ground on property neighboring the business. In the next few years the county plans to greatly expand commercial and residential development in the area between I-81 and the city limits. A new owner will have a Golden Opportunity to grow this business over the next few years.

Facilities: The business occupies a modern and attractive metal building with a spacious customer waiting area, business offices, parts storage rooms and shop space totaling 6,600 square feet. The building has 12 service bays and auto lifts in 6 of those bays. A large paved parking area is available for customers with additional space for vehicle storage or future used car sales. The seller owns this prime commercial property and will offer a new owner favorable lease terms with an option to purchase the property, if desired.

Competition: The local competition is limited and does not offer the high a level of professionalism that this company provides to its customers. The market is expected to greatly increase with the planned commercial and residential developments slated for the near future.

Growth/Expansion: The current location and surrounding planned development puts this company in a great position to grow in the future. The business has a service manager and ASE certified mechanics that allow the owner to concentrate on maintaining first class customer relations. A new owner will have a unique opportunity to profit from the projected market growth expected in immediate area.

Seller Financing Available: Yes

Financing: Seller financing may be available to a qualified buyer.

Support/Training: The seller will train a new buyer during a pre-determined transition period.

Reason Selling: The owner wishes to retire.

Business For Sale By

Lewis W. Hopkins

540-354-2791

The Hopkins Group

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